Licensee Angela represents buyer Kevin under a written buyer agency agreement in Kansas. The seller's property has a known foundation crack that the seller has not disclosed. Angela discovers this defect during a showing. Under BRRETA, what is Angela's obligation regarding this material defect?
Correct Answer
A) Angela must disclose the defect to Kevin because buyer agents in Kansas owe a duty to disclose all known material facts to their client
Under K.S.A. 58-30,106, a buyer's agent in Kansas owes fiduciary duties to the buyer, including the duty to disclose all known material facts that could affect the buyer's decision. A foundation crack is a known material defect, and Angela must promptly disclose it to Kevin regardless of whether the seller has disclosed it.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
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